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Media Coverage

Exxon seen using cash hoard for field stakes, not takeovers

4 March 2009
Bob Gray quoted on takeovers paid for with stock.  “A lot of CEOs will say, ‘I ain’t selling my company right now when it’s at a 15-year low because how am I going to explain that to my shareholders?’  But Exxon can say, ‘Here’s the upside: If you accept our shares, we think we’re going to make a comeback,’” he said.  To read the full article, please click here.

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